0 Headwaters Pkwy Forest Lake, MN 55025
This exceptional 123-acre greenfield site, located in Forest Lake, Minnesota (Washington County, zip code 55025), presents a unique opportunity for significant development. Designated as a Business Park (BP) under permitted zoning (APN: 29-032-21-23-0002, 29-032-21-24-0001), this land parcel offers unparalleled flexibility for a variety of commercial and industrial uses. Potential projects include office buildings, medical facilities, industrial spaces, data centers, and other commercial ventures. The site boasts significant infrastructure advantages, including the potential for a 200 MW power delivery and proximity to multiple power providers. Furthermore, robust fiber connectivity ensures seamless communication and data transfer capabilities. The property benefits from strong support and potential incentives from both state and local governments, streamlining the development process. The land is subdivisible to accommodate various project sizes and needs. The asking price is negotiable, making this an attractive investment opportunity for developers seeking a prime location with exceptional infrastructure and governmental support. The property is conveniently situated along Headwaters Pkwy in Forest Lake, MN.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.